Samsonite rejected the allegations as "one-sided" and "misleading".
Samsonite's shares were set to open down 8.8 percent at HK$28.00.
(Reporting by Anne Marie Roantree; Editing by Edwina Gibbs)
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
28.25 HKD | +1.62% | +0.71% | +9.71% |
04-12 | Samsonite International S.A. Announces Refinancing of Term Loan B Facility | CI |
03-22 | Hong Kong Shares Pulled Down by Weak Earnings Data; Orient Overseas Tanks 17% | MT |
HONG KONG (Reuters) - Shares of Samsonite International SA were set to fall 9 percent on Friday as trade resumes after short seller Blue Orca said the world's largest luggage maker had questionable accounting practices.
Samsonite rejected the allegations as "one-sided" and "misleading".
Samsonite's shares were set to open down 8.8 percent at HK$28.00.
(Reporting by Anne Marie Roantree; Editing by Edwina Gibbs)
1st Jan change | Capi. | |
---|---|---|
+9.71% | 5.18B | |
+2.76% | 141B | |
-31.23% | 44.62B | |
+15.12% | 18.51B | |
+14.42% | 10.46B | |
+32.80% | 8.42B | |
+3.59% | 6.75B | |
-8.93% | 6.33B | |
+29.91% | 6.31B | |
+4.91% | 5.83B |